: Wed Jun 10, 2009 9:46 pm  

Hood simply stated that we were under the cap. It wouldn't expect him to say any more, especially at a time when we're renegotiating with existing players and trying to recruit new ones.

: Wed Jun 10, 2009 10:14 pm  

Bully_Boxer wrote:

Hood simply stated that we were under the cap. It wouldn't expect him to say any more, especially at a time when we're renegotiating with existing players and trying to recruit new ones.

Me and Adey had a better discussion with Stuart Duffy about this at the end.

: Thu Jun 11, 2009 12:54 am  

debaser wrote:

How can Wing not play there? That's just not right!

front row . ok

: Thu Jun 11, 2009 6:19 am  

redeverready wrote:

Were not HTH.

i didnt mean reduced as in not spending the majority of it - I meant in terms of a ccouple of players taking a decent chunk but not available to play for virtually the whole season. Admittedly this affects a few teams in terms of long term injuries but we seem to have suffered a bit worse than average, especially this year.

[Bulliac]

: Thu Jun 11, 2009 8:11 am  

Ewwenorfolk wrote:

£250,000 a year???? Haven't seen too much of him, but I can't see him being worth that much on the cap.

Depends on the influence he had on the side, as for the proportion of cap Robbie and Iestyn were on a figure reputedly close to that each, so it`s hardly uncharted territory.

: Thu Jun 11, 2009 10:19 am  

redeverready wrote:

Me and Adey had a better discussion with Stuart Duffy about this at the end.

Are you able to tell us a bit more, or do you need to keep it quiet?

: Thu Jun 11, 2009 10:40 am  

I thought he was mainly a better player at 9.

We have three in Newton, Godwin and Rinaldi.

Wrong move. He is a good player though, but in my opinion we need a 'natural' half back, if theirs such a thing. Or a proven quality half back. Not a 'fill in'.

: Thu Jun 11, 2009 11:08 am  

Ewwenorfolk wrote:

Are you able to tell us a bit more, or do you need to keep it quiet?

It just put some more meat on the bones of what had already been raised, and I think we'll both leave it at that? Don't forget Stuart did say to everyone that if anyone wanted to know anything, just ask him. Maybe a few more (not you btw) should do that rather than just spout off on here? Assuming they are brave enough to appear from behind their keyboards.

I would just add though that - regarding matters financial - I suggest I have been pretty close in what I have been saying over recent years. Remember a couple of things that were said by the panel at the meeting:

1. Over all the years of success, the club was losing money.

2. Regarding the current - hopefully temporary - drop in gates, its "not a massive problem" unless it becomes enduring. The biggest implication is for cash flow.

The actions taken in recent years to put the club on a sustainable financial footing may have been unpopular and have had implications, but without them we would not have a club now. Not too hard to achieve success when you spend like there is no tomorrow, but rather harder when you have to live within your means long-term. As I keep saying, I do think people have to judge the situation as we see it now in the context of the financial realities.

Hood pointed out that if SL was a competition judged solely on financial performance, we would now be top. I took this to mean that nearly everyone else is losing money, and that is of course completely unsustainable in the long term.

Hood made the interesting point about sugar daddies - yes of course we would talk to one if one (or a consortium) came forward. Indeed, he is surprised that none has over the last 10-20 years. But he also observed that in the middle of a recession, its quite possible that a sugar daddy could suddenly find he can't afford it any more, and where would that leave the club? The club is NOT in debt to any one individual, unlike others.

I thought the club was as candid as it could be about the finances, and surely people can see from what was said that we are not rolling in money and have to be careful (he said we budget "conservatively") but with the present structure we are stable and reasonably OK, which the implication was that we were not going back a few years.

And yes, it was my questions about the finances that Duffy read out too (no surprises there )

: Thu Jun 11, 2009 1:08 pm  

Vossy's just said on the Footy Show that he's staying at Souths 'for now', despite 'interest from Bradford, in the north of England'...

: Wed Jun 17, 2009 6:35 am  

Dave Craven's been reading on here again

Dave Craven's been reading on here again